Newegg begins accepting Bitcoin

This morning, Newegg announced that they’ve started accepting Bitcoin on their website (via BitPay), making them one of the largest and most popular internet retailers to jump on the cryptocurrency bandwagon to date. Newegg’s homepage is currently prominently featuring Bitcoin, and they’ve created a helpful “about Bitcoin” page on their site to help educate those that want to learn more about it. Bitcoin is even currently appearing at the top of the “payment options” list during Newegg’s checkout process—ahead of credit cards, Paypal, and other methods.

I’m surprised it took Newegg this long, but it’s nice to finally see them embrace cryptocurrency. I’m curious to see what kind of impact this will have on their business—Newegg really seems like an ideal candidate for Bitcoin adoption, given the nature of their products and techno-enthusiast customer base. Hopefully this turns into a major success story for them.

One Response to Newegg begins accepting Bitcoin

  1. redeyereport says:

    I bought a few power supplies from Newegg a couple days ago using bitcoin, and I must say, they really nailed integrating bitpay into their system. I’ve made a few purchases from Tigerdirect in the past, and bitpay wasn’t coming up properly. Plus Tiger’s shipping options aren’t nearly as nice as Newegg’s. It felt good to make a purchase with crypto that seemed very “normal” without any required special tweaking and whatnot. I have a feeling there is going to be a tidal wave of retailers adopting crypto payments after Newegg reports on their success with bitcoin!

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